The writing is already on the wall… we’re heading towards a new economic crisis that could dwarf the Great Recession of 2008.
The economy moves in cycles and a new recession was only a matter of time. This time it will be different though...
The Feds and the ECB don’t have anything left in their toolbox to help soften the blow. They have spent the last 12 years trying to stimulate the economy and 25% of the world already has negative interest rates.
The recent coronavirus market panic is only going to accelerate the decline, as it moves from a scare to a global disruption of production and supply chains.
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